narm insights & sounds 04what s ahead for the entertainment industry r wayne jacksonglobal leader pwc media practiceaugust 22 2004 global and outlook 2008 market status forecast overview mid e&m on upswing following three years of sluggish growth caused by economic weakness terrorism revenues to increase from 1 2 trillion in 2003 7 a 6 3 cagr broadband internet booming boosting access spending creating online advertising opportunities propelling other segments video games will be fastest growing asia pacific emerging as key driver led tv game people republic china india most regions quicker during next five however fewer resources available than late 1990s due rise defense domestic security high energy prices dynamics regional average 9 8 best any region fueled huge
